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Hello all, we are so excited to close on our first StR/ MTR that will be a complete gut job. The property is a 3/2, in a great family friendly area and very close to a commuter college. It’s in very bad condition righ...
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Hi all, I'm excited to be here. My husband and I accidentally became landlords in 2022 and are now looking to expand our portfolio!
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Hi! I inherited tenants paying 600. For an 800 sq ft 1 bed apartment in an ok area of Philadelphia. I pay water/sewer, trash, public lighting, and gas. I kept that rate for 10 months Its renewal time. I lost 9 grand...
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I have a house worth somewhere around 140-160 in a great neighborhood. I definitely want it sold. I need the cash to continue investing. So far I have no active people interested in purchasing it through a lender. I d...
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Hi BP Family!
I'm in negotiation for a duplex that has month to month renters currently paying $725 each which is half of market rate. The day I close I plan on introducing the new rental rate and updates that I wil...
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Hello all, I am about to close on my triplex that I want to get rid of due to issues like frequent turnover, repairs, and inadequate amount of meters (I paid for gas) etc. However, the property is paid off and will ...
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Hello BP!You can definitely say that i am "newbie" to real estate investing and BP. I am currently a high school senior and I have recently been introduced to the world of real estate investing. I will be attending th...
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I just retired from the military in November and I am ready to expand my investing. I have zero debt outside of one mortgage on a SFR in Las Vegas that I currently rent. I have zero ties to any towns for at least a ye...
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Of course everyone considers turnover as part of their estimate when analyzing a property but how do you do it?For me, I started with 3 months of mortgage and reduced the forecasted net revenue by that much. I later f...
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I'm learning a lot reading your stories and tips and advice. This has been a very helpful community; thank you!A family property has come my way, and I can buy it for 5% under appraisal from the reverse mortgage compa...